Civic Intelligence

Sail Maine Inc.

990 • Fiscal year 2016 • EIN 01-0505456

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

58 Fore StreetPortland, ME 04101

(207) 632-3550

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

86th percentile

$29,039

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

31st percentile

-8.3%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$329,971

Down $29,873 (-8.3%) from 2015

Net Assets

Down

$329,971

Down $20,718 (-5.9%) from 2015

Liabilities

Down

$0

Down $9,155 (-100%) from 2015

Revenue

Down

$449,467

Down $86,454 (-16%) from 2015

Expenses

Down

$451,988

Down $62,817 (-12%) from 2015

Net Income

Down

-$2,521

Down $23,637 (-112%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $72,045Liabilities 2010: $1,637Net Assets 2010: $70,4082010Assets 2011: $136,888Liabilities 2011: $20,260Net Assets 2011: $116,6282011Assets 2012: $274,291Liabilities 2012: $69,198Net Assets 2012: $205,0932012Assets 2013: $389,693Liabilities 2013: $11,827Net Assets 2013: $377,8662013Assets 2014: $338,729Liabilities 2014: $9,156Net Assets 2014: $329,5732014Assets 2015: $359,844Liabilities 2015: $9,155Net Assets 2015: $350,6892015Assets 2016: $329,971Liabilities 2016: $0Net Assets 2016: $329,9712016Assets 2017: $529,440Liabilities 2017: $0Net Assets 2017: $529,4402017Assets 2018: $712,797Liabilities 2018: $16Net Assets 2018: $712,7812018Assets 2019: $741,325Liabilities 2019: $13Net Assets 2019: $741,3122019Assets 2020: $1,370,045Liabilities 2020: $79,632Net Assets 2020: $1,290,4132020Assets 2021: $1,540,885Liabilities 2021: $24Net Assets 2021: $1,540,8612021Assets 2022: $1,483,972Liabilities 2022: $44Net Assets 2022: $1,483,9282022Assets 2023: $1,251,082Liabilities 2023: $2,808Net Assets 2023: $1,248,2742023Assets 2024: $1,127,389Liabilities 2024: $4,531Net Assets 2024: $1,122,8582024

Highlighted filing

2016

Assets$329,971
Liabilities$0
Net Assets$329,971

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $328,263Expenses 2010: $322,739Net Income 2010: $5,5242010Revenue 2011: $477,589Expenses 2011: $431,369Net Income 2011: $46,2202011Revenue 2012: $587,159Expenses 2012: $498,694Net Income 2012: $88,4652012Revenue 2013: $800,943Expenses 2013: $628,170Net Income 2013: $172,7732013Revenue 2014: $549,208Expenses 2014: $601,551Net Income 2014: -$52,3432014Revenue 2015: $535,921Expenses 2015: $514,805Net Income 2015: $21,1162015Revenue 2016: $449,467Expenses 2016: $451,988Net Income 2016: -$2,5212016Revenue 2017: $693,072Expenses 2017: $508,603Net Income 2017: $184,4692017Revenue 2018: $839,313Expenses 2018: $655,972Net Income 2018: $183,3412018Revenue 2019: $739,299Expenses 2019: $710,768Net Income 2019: $28,5312019Revenue 2020: $1,353,371Expenses 2020: $804,270Net Income 2020: $549,1012020Revenue 2021: $1,322,538Expenses 2021: $1,072,090Net Income 2021: $250,4482021Revenue 2022: $1,086,148Expenses 2022: $1,143,081Net Income 2022: -$56,9332022Revenue 2023: $907,871Expenses 2023: $1,143,525Net Income 2023: -$235,6542023Revenue 2024: $1,149,764Expenses 2024: $1,275,180Net Income 2024: -$125,4162024

Highlighted filing

2016

Revenue$449,467
Expenses$451,988
Net Income-$2,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$458,396
Mission and Program Overview

Mission

SAILING EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$234,192$242,967▲ $8,775
Cash and Non-Interest-Bearing Accounts$119,220$85,791▼ $33,429
Inventories for Sale or Use$3,428$1,212▼ $2,216
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$359,844$329,971▼ $29,873
Other Assets Total$3,004$1▼ $3,003
Liabilities
Accounts Payable and Accrued Expenses$5,945--
Deferred Revenue$3,210--
Total Liabilities$9,155$0▼ $9,155
Net Assets / Fund Balance
Unrestricted Net Assets$350,689$329,971▼ $20,718
Total Net Assets Fund Balance$350,689$329,971▼ $20,718
Total Liabilities and Net Assets / Fund Balance$359,844$329,971▼ $29,873

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$242,967$312,639-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael McAllisterExecutive DirectorFT$29,039$29,039

Board Members and Trustees

NameTitle
Chris MooreVice President
Ann BlanchardDirector
Chris RobinsonDirector
Cuyler MorrisDirector
Cyrus HaggeDirector
Emily CarvilleDirector
Jim BradyDirector
Leigh PalmerDirector
Meg FendersonDirector
Molly MarstonDirector
Pam ScottDirector
Stephen TallDirector
Erin PiperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$170,702
Program Service Revenue
$253,958
Investment Income
$0
Other Revenue
$24,807
All Other Contributions
$170,702
Change in Net Assets
$-2,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$280,670
Other Expenses$171,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$182,429$44,362-$226,791
Current Officers, Directors, Trustees, and Key Employees-$29,039-$29,039
Payroll Taxes$20,533$4,307-$24,840
Insurance-$22,611-$22,611
Travel$13,326--$13,326
All Other Expenses$3,868$3,763-$7,631
Fees for Services Accounting-$4,831-$4,831
Other Expenses$4,353$8,648-$4,353
Fees for Services Other$3,888--$3,888
Interest-$1,080-$1,080
Fees for Services Management$372--$372
Office Expenses-$299-$299
Advertising$182--$182
Total Functional Expenses$333,048$118,940$0$451,988
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,161
Fundraising Direct Expenses$6,705
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Warm-Up Party$16,231$16,231-$16,231
Corporate Regatta$8,750$8,750-$8,750
Total Events$24,981$24,981$6,405$18,576
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is provided to all members before filing the return.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sail Maine
EIN
01-0505456
Phone
2076323550
Address
58 Fore Street, Portland, ME 04101

Signing Officer

Name
Michael Mcallister
Title
Executive Director
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
14
Employees
38
Volunteers
90

Preparer

Firm
Mcleod Ascanio & Company
Address
844 STEVENS AVE, PORTLAND, ME 04103
Preparer
Scott A McLeod
Phone
2078782727
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0312639
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0234192
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0242967
IRS990/LandBldgEquipCostOrOtherBssAmt0555606
IRS990/LegalDomicileStateCd0ME
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SAILING EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0350689
IRS990/NetAssetsOrFundBalancesEOYAmt0329971
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt020456
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-1252
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-1252
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt05303
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05303
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0299
IRS990/OfficeExpensesGrp/TotalAmt0299
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03004
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DEPRECIATION
IRS990/OtherExpensesGrp/Desc2EQUIPMENT & SUPPLIES
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08648
IRS990/OtherExpensesGrp/ProgramServicesAmt045146
IRS990/OtherExpensesGrp/ProgramServicesAmt149808
IRS990/OtherExpensesGrp/ProgramServicesAmt29143
IRS990/OtherExpensesGrp/ProgramServicesAmt34353
IRS990/OtherExpensesGrp/TotalAmt053794
IRS990/OtherExpensesGrp/TotalAmt149808
IRS990/OtherExpensesGrp/TotalAmt29143
IRS990/OtherExpensesGrp/TotalAmt34353
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0Various
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0300
IRS990/OtherRevenueTotalAmt0300
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044362
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0182429
IRS990/OtherSalariesAndWagesGrp/TotalAmt0226791
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04307
IRS990/PayrollTaxesGrp/ProgramServicesAmt020533
IRS990/PayrollTaxesGrp/TotalAmt024840
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0-18197
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SAILING PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0253958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0253958
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0232480
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01202
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0232437
IRS990/PYOtherRevenueAmt038262
IRS990/PYProgramServiceRevenueAmt0263977
IRS990/PYRevenuesLessExpensesAmt021116
IRS990/PYSalariesCompEmpBnftPaidAmt0282368
IRS990/PYTotalExpensesAmt0514805
IRS990/PYTotalRevenueAmt0535921
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2521
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt05303
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0253006
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0170702
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0232480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0230789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0455784
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0323959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01413714
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0527
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0253958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0263977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0305040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0345159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0261694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01429828
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0527
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0527
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt02843542
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0424660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0496457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0535829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0800943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0585653
IRS990ScheduleA/Total509Grp/TotalAmt02843542

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.12$1.15$1.28$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.91$1.14$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$1.09$1.14$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$1.32$1.07$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.37$0.08$1.29$1.35$0.80$0.55
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.74$0.71$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.84$0.66$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.69$0.51$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.45$0.45$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.54$0.51$0.02
2014Summary only. Only limited summary data is available for this year.$0.34$0.01$0.33$0.55$0.60$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.80$0.63$0.17
2012Summary only. Only limited summary data is available for this year.$0.27$0.07$0.21$0.59$0.50$0.09
2011Summary only. Only limited summary data is available for this year.$0.14$0.02$0.12$0.48$0.43$0.05
2010Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.33$0.32$0.01